Europe Specialty Medical Chairs Market Size & Outlook
The specialty medical chairs market in Europe is expected to reach a projected revenue of US$ 2,287.2 million by 2030. A compound annual growth rate of 7.5% is expected of Europe specialty medical chairs market from 2024 to 2030.
A-Dec, Fresenius Medical Care AG, Topcon Corp, MidMark Corporation, Danaher Corp, Dentsply Sirona Inc, Planmeca
Other key industry trends
In terms of revenue, Europe region accounted for 31.6% of the global specialty medical chairs market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 1,440.1 million by 2030.
Europe specialty medical chairs market is expected to grow at a significant rate over the forecast period owing to increasing prevalence of various diseases such as obesity and CVDs. According to European Health Interview Survey (EHIS), in 2014, 51.6% of the European population aged 18 and above was overweight.
According to European Heart Network, there were approximately 11.3 million new cases of CVD and more than 85 million people in Europe were living with CVD in 2015. Patients affected with obesity and CVD require rehabilitation chairs for such as R&D to quick recovery.
Moreover, market players are undertaking organic growth strategies introduce novel products, which in turn is expected to boost growth of the market. For instance, Fresenius Kabi invested USD 371.9 million in 2016 on R&D activities, witnessing an overall growth of 5% in the R&D sector in comparison with 2015, thereby augmenting market growth over the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Specialty Medical Chairs Market Outlook will help companies and investors design strategic landscapes.
Treatment Chairs was the largest segment with a revenue share of 40.07% in 2023.
Horizon Databook has segmented the Europe specialty medical chairs market based on examination chairs, treatment chairs, rehabilitation chairs covering the revenue growth of each sub-segment from 2018 to 2030.
Europe specialty medical chairs market is expected to grow at a significant rate over the forecast period owing to increasing prevalence of various diseases such as obesity and CVDs. According to European Health Interview Survey (EHIS), in 2014, 51.6% of the European population aged 18 and above was overweight.
According to European Heart Network, there were approximately 11.3 million new cases of CVD and more than 85 million people in Europe were living with CVD in 2015. Patients affected with obesity and CVD require rehabilitation chairs for such as R&D to quick recovery.
Moreover, market players are undertaking organic growth strategies introduce novel products, which in turn is expected to boost growth of the market. For instance, Fresenius Kabi invested USD 371.9 million in 2016 on R&D activities, witnessing an overall growth of 5% in the R&D sector in comparison with 2015, thereby augmenting market growth over the forecast period.
Europe Specialty Medical Chairs Market Product Outlook (Revenue, USD Million , 2018-2030)
Examination Chairs
Treatment Chairs
Rehabilitation Chairs
Europe Specialty Medical Chairs Market End-use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Clinics
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Specialty Medical Chairs Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Specialty Medical Chairs Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Specialty Medical Chairs Market, 2018-2030 (US$M)